Embraer Lease Amendment Expands Airport Facilities
Melbourne Airport AuthorityAirport Authority · Melbourne, FL- Disclosed value
- $94,089.60 per year ($7,840.80/mo), revenues projected $2,057,699 to $2,162,698 over original lease term
- From minutes
- Approved
- Mar 27, 2024
- Renews
- Free account
The 30-second brief
Embraer Aircraft Holding, Inc. was granted a ground lease and a seventh lease amendment for 6 additional acres to expand its airport facilities, featuring a base rent of $94,089.60 per year with incentives and a new expiration date of December 31, 2049.
Embraer Aircraft Holding Inc holds this contract with Melbourne Airport Authority. Its other public contracts on record include work for Melbourne International Airport Police Department and Melbourne Orlando International Airport.
The renewal date is on record. A free account shows it, with the renewals for every Melbourne Airport Authority contract.
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Contract details
- Amount
- $94,089.60 per year ($7,840.80/mo), revenues projected $2,057,699 to $2,162,698 over original lease term
- Document date
- March 27, 2024
- Term
- Initial term matching Master Lease, extends to December 31, 2049, with four 5-year renewal options
- Renews
- Free account
- Source document
- melbourne_airport_authority_board_minutes_march_20.pdf (Minutes)
Embraer Aircraft Holding Inc's other public contracts
More Melbourne Airport Authority contracts
Questions about this contract
Who was awarded the government contract by Melbourne Airport Authority?
Embraer Aircraft Holding Inc was awarded this government contract by Melbourne Airport Authority, as recorded on March 27, 2024. The contract value is $94,089.60 per year ($7,840.80/mo), revenues projected $2,057,699 to $2,162,698 over original lease term.
How much is the Embraer Aircraft Holding Inc contract with Melbourne Airport Authority worth?
The Embraer Aircraft Holding Inc contract with Melbourne Airport Authority is valued at $94,089.60 per year ($7,840.80/mo), revenues projected $2,057,699 to $2,162,698 over original lease term.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in melbourne_airport_authority_board_minutes_march_20.pdf (Minutes), dated March 27, 2024 from Melbourne Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Embraer Aircraft Holding Inc hold?
Embraer Aircraft Holding Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Melbourne Airport Authority currently buying?
Explore Melbourne Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.